July 18, 2024
BY Erin Voegele
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The U.S. Energy Information Administration maintained its outlook for 2025 and 2026 renewable diesel and sustainable aviation fuel (SAF) production in its latest Short-Term Energy Outlook, released March 11.
The U.S. EPA on March 12 announced it has kicked off a formal reconsideration of 2009 Endangerment Finding, which forms the legal basis for GHG regulations, and is considering the elimination of the agency’s Greenhouse Gas Reporting Program.
The USDA reduced its forecast for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released March 11. The outlook for soybean oil price was unchanged.
Despite the challenges it currently faces, the bio-based diesel industry is building on its successes and is ready to battle.
The U.S. EPA on March 7 announced it will extend the compliance year 2024 Renewable Fuel Standard reporting deadline and signaled its intent to revise the 2024 RFS renewable volume obligation (RVO) for cellulosic biofuel.